NTPC aims for 10.4Mt of captive coal production this year

India’s largest power producer, NTPC, has set a target of mining 10.4-million tons of coal from its captive mines during 2019/20. According to a company statement, NTPC had set the coal production target in its memorandum of understanding (MoU) signed with the Power Ministry, which also stipulated that the utility would aim to produce 310-billion units of electricity and commit to capital expenditure of about $2.85-billion during the financial year.